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Medtronic

Principal Contract Specialist

Posted 15 Days Ago
Be an Early Applicant
Remote
Hiring Remotely in The Park, New South Wales, AUS
Senior level
Remote
Hiring Remotely in The Park, New South Wales, AUS
Senior level
Lead contract review and management across ANZ, minimize commercial and compliance risks, advise business and Sales on contractual terms, coach Contract Specialists, support tenders, manage pricing and contract records, and liaise with Legal to resolve complex terms.
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At Medtronic you can begin a life-long career of exploration and innovation, while helping champion healthcare access and equity for all. You’ll lead with purpose, breaking down barriers to innovation in a more connected, compassionate world.

A Day in the LifeThis position has the responsibility to support Medtronic business by minimizing risks through the review of all commercial supply contracts. Identify key areas of risk and non-compliance within customer supply contracts and distribute to business and support functions for assessment and approval.
Support a team of Contracts Specialists and manage contracts across the ANZ for all ongoing contract management activities including day to day contract management of assigned territories to self. Support Tenders team with contract reviews and negotiations from time to time.
Provide contractual and commercial guidance and advice under the support from the Legal team to ensure business units and functional areas are making informed decisions prior to approving/declining contractual clauses. Influence & negotiate with customers to progress contract development ensuring business compliance & commercial benefits are maintained.

Responsibilities may include the following and other duties may be assigned.

Contract Review:

  • Ensure contract review, approval and execution, in accordance with company guidelines and authorization levels.

  • Provide drafting guidance to the business around proposed departures to clauses.

  • Maintain & provide detail to the business around any previously accepted customer clauses.

  • Provide pro-active support to Sales and Marketing by providing guidance and advice on contractual trends in place by our customers.

  • Develop and provide recommended solutions to complex business issues.

  • Liaise with the Legal team to resolve terms and conditions that conflict with Medtronic’s standard terms and conditions

  • Coach and support a team of Contract Specialists in ensuring compliance across all aspects of contract management.

  • Prepare and participate in customer account reviews and internal meetings.

  • Work with other functions on the development of Medtronic contract templates.

  • Work effectively through the resource mailboxes

  • Operate as a backup for other team members in case of absences

  • Attend customer meetings and business review meetings, and facilitate them with internal teams

Contract Management:

  • Prioritize, allocate and coordinate contract management activities with the Contract Specialists, ensuring quality deliverables within the required timelines.

  • Provide support or assistance as required by Contract Specialists in reference to all aspects of ongoing contract maintenance. This includes, but is not limited to preparation, co-ordination and review of all contract and customer agreements, extensions, variations and review meetings.

  • Manage contracts to ensure pricing is accurately configured in pricing systems and completed within required timeframes, in collaboration with the Pricing Operations team.

  • Manage contract pricing effectively to minimise credits and mitigate commercial risk

  • Understand contractual terms/clauses/obligations to perform tasks effectively, and work with business/internal teams to meet requirements

  • Develop and maintain a continuous communication channel with Sales, Marketing, and customer procurement departments in order to proactively position the contract management function to meet future business needs.

  • Maintain the contract log in to our contracts repository, ensuring records are complete and up to date

  • Maintain and update internal trackers on a regular basis

  • Provide dedicated contract management support for assigned territories across ANZ including extensions, pricing management, sales reporting, variations and day-to-day management of those contracts with internal and external stakeholders.

Other

  • Participate in projects as required, to improve systems and processes for contract management acitvities, reviews and maintenance.

  • Continuous education on changing market conditions and customer requirements.

  • Exhibiting behaviours aligned to the Medtronic Mindset standards.

  • Observe health & safety policies & procedures and take all reasonable care that actions or omissions do not impact on the health & safety of others.

  • Work within and actively promote the Medtronic mission, corporate strategies, policies, procedures and Business Conduct Standards.

 

Required Knowledge and Experience: 

  • Knowledge (both theoretical and practical) of public procurement and administrative law.

  • Knowledge of tendering requirements (both theoretical and practical) in the healthcare system.

  • Tertiary qualifications in law or business related discipline.

  • Team management experience.

  • Exposure to Project Management.

  • Proven relevant experience and expertise in a similar role

  • Highly effective interpersonal skills with the ability to build strong working relationships

  • Ability to prioritize work under time pressure

  • Effective organisational and time management skills

  • Ability to multi task and navigate complexity

  • Excellent attention to detail and analytical skills with an intermediate level of MS Excel

  • Proven problem solving and decision-making skills

  • Strong commercial acumen

 

 


Physical Job Requirements
The above statements are intended to describe the general nature and level of work being performed by employees assigned to this position, but they are not an exhaustive list of all the required responsibilities and skills of this position. 



Benefits & Compensation

Medtronic offers a competitive Salary and flexible Benefits Package
A commitment to our employees lives at the core of our values. We recognize their contributions. They share in the success they help to create.  We offer a wide range of benefits, resources, and competitive compensation plans designed to support you at every career and life stage.
 



This position is eligible for a short-term incentive called the Medtronic Incentive Plan (MIP).

About Medtronic

We lead global healthcare technology and boldly attack the most challenging health problems facing humanity by searching out and finding solutions.
Our Mission — to alleviate pain, restore health, and extend life — unites a global team of 95,000+ passionate people. 
We are engineers at heart— putting ambitious ideas to work to generate real solutions for real people. From the R&D lab, to the factory floor, to the conference room, every one of us experiments, creates, builds, improves and solves. We have the talent, diverse perspectives, and guts to engineer the extraordinary.

Learn more about our business, mission, and our commitment to diversity here  
 

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